This page is the news announced by NHK, a representative TV station in Japan.

Economic news(2023/05/23)


Kyoto   Hakone

SoftBank Group's rating downgraded by one notch Rating major S&P

2023-05-23 23:32:00
S&P Global Ratings, a major rating agency, has announced that it has lowered the credit rating of the SoftBank Group by one notch.

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Fujitec President Okada to resign Major shareholder investment fund is reluctant to reappoint

2023-05-23 21:50:00
Fujitec, an elevator manufacturer headquartered in Hikone City, Shiga Prefecture, has announced that the current president, Takao Okada, will retire and promote managing director Masayoshi Harada to the new president. For Mr. Okada, the investment fund, which is a major shareholder, was reluctant to reappoint.

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What is the background to the rise in stock price, which has been renewed for the first time in about 33 years?

2023-05-23 20:37:00
Tokyo stock market on the 23rd. Although the Nikkei Stock Average fell for the first time in nine business days at the closing price, it temporarily hit a new high during trading hours in about 33 years since the bubble economy period. Various factors have been pointed out by market participants as to why stock prices have continued to rise recently.

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Yen exchange rate decline Yen selling intensifies due to the long-term view of monetary tightening in the United States

2023-05-23 18:13:00
In the Tokyo foreign exchange market on the 23rd, the trend of buying the dollar and selling the yen increased due to the view that the tightening of monetary policy in the United States would be prolonged, and the yen exchange rate fell.

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Use of free Wi-Fi service only during disaster Prepare for mobile phone communication failure

2023-05-23 18:00:00
In preparation for large-scale communication failures in mobile phone services, we have decided to utilize Wi-Fi services that have been available free of charge only during disasters.

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“Explosion near the US Department of Defense” Fake image spreads to the turmoil of a temporary drop in stock prices

2023-05-23 17:28:00
A fake image of an explosion near the Pentagon circulated on the Internet, causing a temporary drop in stock prices. The image appears to have been generated by AI, and concerns about malicious use are likely to spread.

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Nationwide department store April sales up 8.6% year-on-year, 14th consecutive month of increase

2023-05-23 16:36:00
Sales at department stores across Japan last month totaled more than 408.8 billion yen, an increase of 8.6% from the same month of the previous year when compared to existing stores. This is the 14th straight month of growth.

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Stock prices hit a 33-year high since the bubble, but fell due to selling to secure profits

2023-05-23 16:20:00
On the 23rd, the Tokyo stock market and the Nikkei Stock Average rose in the morning and hit a new high in about 33 years. Stock prices fell.

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“Explosion near the US Department of Defense” Fake image spreads to the turmoil of a temporary drop in stock prices

2023-05-23 15:38:00
A fake image of an explosion near the Pentagon circulated on the Internet, causing a temporary drop in stock prices. The image appears to have been generated by AI, and concerns about malicious use are likely to spread.

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23 items of advanced semiconductor manufacturing equipment Stricter export control from July 23

2023-05-23 15:38:00
The Ministry of Economy, Trade and Industry (METI) has announced that it will tighten export control measures for 23 items of advanced semiconductor manufacturing equipment from the end of July, amid an increasingly severe international security environment. The procedures for exporting to China, etc. are stricter than those to the United States, South Korea, Taiwan, etc.

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Bill to secure financial resources for increased defense spending Passed by a majority in the plenary session of the House of Representatives

2023-05-23 15:30:00
A bill that includes the creation of a "defense enhancement fund" that utilizes revenues other than taxes to secure financial resources for increasing defense spending was passed at a plenary session of the House of Representatives on the 23rd with a majority of support from both the Liberal Democratic Party and the New Komeito Party. I was.

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Stock price rises to the highest level in about 33 years

2023-05-23 12:43:00
In the Tokyo stock market, the Nikkei Stock Average has risen for eight consecutive business days until the 22nd, but the stock price has risen further on the 23rd as buy orders have spread, reaching the highest level in about 33 years.

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To resign as chairman of Tokyo Metro Honda, offered to cause trouble by behavior Ministry of Land, Infrastructure, Transport and Tourism

2023-05-23 12:14:00
The government has announced that Masaru Honda, chairman of Tokyo Metro, whose government is a major shareholder, will retire and Toshifumi Kawasumi will succeed him. Chairman Honda is a former vice-minister of the Ministry of Land, Infrastructure, Transport and Tourism, and it was revealed last year that he asked the airport facility operator to make the vice president of the Ministry of Land, Infrastructure, Transport and Tourism OB the president.

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To resign as chairman of Tokyo Metro Honda, offered to cause trouble by behavior Ministry of Land, Infrastructure, Transport and Tourism

2023-05-23 11:05:00
The government has announced that Masaru Honda, chairman of Tokyo Metro, which is a major shareholder of the country, will retire, and Toshifumi Kawasumi, vice chairman, will take over as his successor. Mr. Honda will retire at the end of his term. Mr. Honda is a former administrative vice-minister of the Ministry of Land, Infrastructure, Transport and Tourism. It became clear that the Ministry of Land, Infrastructure, Transport and Tourism and others were investigating the facts. According to the Ministry of Land, Infrastructure, Transport and Tourism, Mr. Honda asked the company to resign because he caused trouble with his own words and actions. This appointment was approved at the cabinet meeting on the 23rd, and is expected to be decided after the company's general meeting of shareholders in June.

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NTT West and Microsoft partner on digitization of local governments

2023-05-23 08:20:00
NTT West announced that it will partner with Microsoft Japan on the digitization of local governments. We hope to improve the efficiency of local government operations through the introduction of cloud services and AI (artificial intelligence).

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Irish authorities fine 179 billion yen, the largest ever in the EU on Meta

2023-05-23 06:40:00
On the 22nd, Irish authorities told the former Facebook meta that the way personal data was handled violated the EU = European Union's personal data protection regulations, and it was 1.2 billion euros, or about 179 billion yen. It announced that it would impose a fine of Yen. This is the largest fine ever imposed under this rule.

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Construction machinery manufacturers use the latest technology to deal with the worsening labor shortage

2023-05-23 06:15:00
As labor shortages become more serious in the construction industry, construction machinery manufacturers are accelerating development to respond with the latest technologies such as automatic driving and remote control.

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SoftBank Group to sell US investment fund "Fortress"

2023-05-23 06:08:00
The SoftBank Group has agreed to sell its subsidiary, an American investment fund, Fortress, to a UAE = United Arab Emirates sovereign wealth fund. It seems that the aim is to strengthen the financial base as the performance of the company's investment business deteriorates.

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Kyoto   Mt.Fuji


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